Milltrust International Group has announced the appointment of Wayne Kilbourne, CFA who joins the firm as Managing Director from Fabien Pictet and Partners (FPP) to drive Milltrust’s North American business development and client servicing efforts.

Milltrust is a dedicated Emerging Markets investment advisory business that seeks to provide institutional investors with thoroughly researched and due diligenced investment opportunities from across the developing world.

At the core of its offering is a managed account investment structure that provides?investors with far greater transparency and control that is typical when investing in these markets.

The firm has already on-boarded several of the leading regional asset managers to run dedicated portfolios including Value Partners of Hong Kong, BTG Pactual of Brazil, Ita? Unibanco for Latin America, and UTI, India’s oldest mutual fund company in which T Rowe Price has a stake.

The Managed Accounts platform is a collaboration with State Street Bank which serves as custodian, administrator and risk manager to a new range of long-biased UCITS IV compliant equity mandates.

Simon Hopkins, CEO of Milltrust said, “We have partnered with some of the best locally-based investment management firms. They understand the benefits that Milltrust’s platform can provide to investors who want control of their assets, and want to know how their portfolio is being invested daily, rather than rely on a quarterly newsletter”.

He commented, “With the prolonged fiscal deficits and slow downs in the Western economies unlikely to abate, investors in the US and Canada are looking to ramp up their exposure to the fast growing economies of the world. However, they are typically seeking to do this through a counterparty they are familiar with”.

He added, “The addition of Wayne Kilbourne to our team gives us the benefits of an experienced EM veteran to spearhead the build out of our platform in North America, where our association with State Street will also provide considerable comfort to our clients?.

About Milltrust International Group:

With offices in Asia, the Americas, Africa and Europe, Milltrust International provides investment expertise in both public and private equity markets from across the developing world.